Establishment of life insurance benefits, 1986

    Insights

    In 1986, China

    Area of Science:

    • Public Health
    • Health Economics

    Background:

    • The study examines a unique child-focused insurance policy implemented in Nanjing County, Fujian Province, China.
    • This policy was established in 1986, targeting families with only children.

    Framework:

    • The insurance policy offered a specific financial incentive for healthcare expenditure.
    • A premium of 40 yuan was set for families with a single child.

    Implementation:

    • The policy provided reimbursement for medical expenses exceeding 200 yuan.
    • Coverage extended from birth to the child's 16th birthday.

    Implications:

    • This initiative represents an early example of social welfare policy aimed at supporting child healthcare.
    • The policy's structure suggests a focus on mitigating financial burdens associated with pediatric medical care.

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